Daily Crunch: Facebook and Libra go to Washington

Daily Crunch: Facebook and Libra go to Washington

The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. David Marcus, the head of Facebook's blockchain subsidiary Calibra, testified before the Senate Banking Committee today. At the same time, Marcus said Facebook will embed only its own wallet into its messaging apps Messenger and WhatsApp, which could give the company a sizable advantage.